#WindPower

Sustainability challenge and related SDGs:

Over the past 100+ years, fossil fuels have become the dominant energy source. Though they have fuelled economic growth over the past century, burning fossil fuels leads to increased greenhouse gas emissions and is the main cause of today's climate crisis. Furthermore, fossil fuel prices are largely dependent on the will of the suppliers and are, therefore, subject to artificial scarcity that can lead to price spikes.

SDG 7 "Affordable and Clean Energy" accurately describes the challenges associated with fossil fuels. For many people, they are neither affordable nor clean - and sustainable development can only be achieved if these two requirements are met. Moving away from fossil fuels is one of the most urgent actions we must take to tackle the climate crisis. Thus, the implementation of SDG 7 also contributes to SDG 13 "Climate Action".

Possible solutions and their contribution to achieving the SDGs

The raditag #WindPower covers everything to do with power generation by wind: windmill over oceankey components of wind turbines, inverters, and the production of materials and accessories, such as transmission cables for offshore turbines. Also included are financing, construction, service and operation of the necessary plants.

#WindPower is a crucial solution for the future. Many suitable sites for #WindPower are still unused. Besides the comparatively low investment costs, #WindPower is also attractive for investors because it is usually realised in large-scale projects. Although these large projects may also have drawbacks, these are small and localised compared to the negative impacts of fossil fuel use globally.

Primarily related SDG targets: 7.1, 7.2, 13.2

Investment Rationale and Growth Potential

The transition from fossil fuels to renewable energy is inevitable. The average annual growth rate for #WindPower over the last five years has been 13%. This pace must at least be maintained to meet the ambitious targets of various countries, which call for a nearly sixfold increase in total wind energy capacity between 2020 and 2030. An even more ambitious 18% annual increase is needed to meet the 2050 net-zero target. Demand for #WindPower will therefore remain very high and may even increase. While many large #WindPower projects are still subsidised, there are already early projects competing at market prices. Taken together, this makes #WindPower a compelling opportunity for long-term investors.